The Call: Frasers Hospitality Trust gearing up for opportunities
SINGAPORE (Dec 15): DBS Group Research says Frasers Hospitality Trust is in a stronger position to pursue acquisition opportunities, following its recent pre-emptive rights issue.
Mapletree Logistics Trust to acquire 4 properties in Australia for S$152 mil
SINGAPORE (Dec 15): Mapletree Logistics Trust is set to expand further in Australia, with the proposed acquisition of a portfolio of four logistics properties in Victoria for a total of A$142.
Preserving the charms of pre-war heritage buildings
AT the time of the establishment of the Straits Settlement in Penang, local architecture was strongly influenced by British, Indian, Chinese and Islamic elements.
Turkey is No 1 in global house price growth, says Knight Frank
PETALING JAYA (Dec 15): Turkey has occupied the top spot for the fifth consecutive quarter in the Knight Frank Global House Price Index by having registered an annual house price growth of 13.
‘REITs’ fundamentals still intact’
KUALA LUMPUR (Dec 13): While the spike in Malaysian Government Securities (MGS) 10-year yield has made real estate investment trusts (REITs) relatively less attractive, analysts said the fundamentals of REITs are still intact and are still commanding a premium over MGS yields.
Growing population to support Sydney and Melbourne’s house price growth
Despite the spike in housing prices in both Sydney and Melbourne in recent years, these two cities are expected to see further price growth in the next 12 months.
RE/MAX Malaysia equity crowdfunding programme sees good response
PETALING JAYA (Dec 9): RE/MAX Malaysia’s equity crowdfunding (ECF) programme has attracted investors’ attention with 48% of the offerings already subscribed before the official launch yesterday, said CrowdPlus.
EWI in talks to jointly redevelop Guoco’s assets in London
KUALA LUMPUR (Dec 9): Eco World International Bhd (EWI), which is on track to list on Bursa Malaysia’s Main Market by March next year, is in talks with tycoon Tan Sri Quek Leng Chan’s Guoco Group Ltd to jointly redevelop some assets the latter owns in London.
Decline in property sales continues in 3Q2016
PETALING JAYA (Dec 7): The negative trend in the property sector continues as the third quarter of 2016 registered a decline of 8.
Oxley enters Australia with 40% stake in local construction company
SINGAPORE (Dec 6): Oxley Holdings is acquiring a 40% stake in a Western Australia-based property and construction company, Pindan Group, for A$32 million (S$34 million or RM106.
